TO BE PUBLISHED IN
THE GAZETTE OF
(PART – I
SECTION-I)
GOVERNMENT OF
MINISTRY OF COMMERCE & INDUSTRY
DEPT. OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
PUBLIC
NOTICE NO. 110 (RE-2008)/2004-2009
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I 2004-09 (RE2004 to RE2008).
1. In the application form for VKGUY - ANF 3C, the following corrections are made:
a. Column Heading No 4 at Sr. No 4 is corrected to read as “Date of Exports
in terms of
b. The following is added in the Column Heading No 12 at
Sr. No 4:
“in Indian Rupees as
per BRC/FIRC”.
c. Column 13 and Column 14 of Sr. No. 4 are deleted.
d. The Formula in Column 16 is modified to read as under:
“(16)
= (12) X ((15) / 100”
Consequently
applicant can feed in the FOB value realized from BRC in Indian Rupees in Column
12 directly.
e. In the ‘Documents to be submitted’, for Drawback
Scheme shipments, a copy of Drawback Shipping Bill may be submitted.
f.
The Note2 is corrected
for all ANFs of Chapter 3 as under:
“2.
In cases the original EP copy of Shipping Bill / Bill of Export; and / or
BRC/FIRC have been submitted to DGFT/Customs, a copy of the same be attached,
quoting reference file number/claim number (if any) and concerned RA / Customs
authority where the said original has been submitted. Wherever a copy of the original
is submitted, it should be ensured that the same is self-attested by the
exporter.”
2.
“Policy pertaining to VKGUY is given in Chapter 3
of FTP. Appendix 37A contains the list of VKGUY items along with the admissible
date of export. Application for grant of
Duty Credit scrip under VKGUY shall be made to RA concerned in ANF 3C along with
documents prescribed therein.
Multiple
Applications can be filed and supplementary cut shall not be applicable.
However an application shall contain a maximum of upto 50 shipping bills.
Listed products shall
be eligible for Duty Credit Scrip upon exports on or after the Date of Export
indicated in the relevant Appendix. Date of Export is determined in terms of
Para 9.12 of HBPv1. Moreover, the Duty Credit Scrip value shall be computed on
the FOB value realized as indicated in the BRC/FIRC.”
3. After Para 3.23.10, the following
“
Shipments from
4.
Second Sub-paras of Para 3.20.1 and of Para 3.21.1 is
deleted, in view of
The above corrections apply for exports made from 1.4.2004 onwards.
Consequently, it is clarified that for Chapter 3 schemes, admissibility shall be determined as per Date of Export in terms of Para 9.12 of HBPv1 and the duty credit scrip is granted on FOB value of exports, as indicated in the BRC/FIRC. In view of this, the exporters may file requests to RA concerned for corrections of their claim value, if any.
This issues in Public interest.
Sd/-
(R.S. Gujral)
Director General of Foreign Trade and
Ex-Officio Additional
Secretary to the Government of
(Issued from F.No.01/91/180/1268/AM09/PC-3)